While many homeowners love the low monthly payments and immediate utility savings of the longer term loans, others can be hesitant to commit. That is where the five year loan can be so effective — it’s comfortable because the commitment length is similar to a car loan.
Financing a solar system with the Sungage Solar Loan helps increase home value, which can be added into the asking price during a home sale. When selling, you can simply transfer the loan to the new home buyer who will take over the loan payments when the home sale closes.